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Nov 18, 2012
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but the larger benefit would be to reduce corruption in washington. congressmen get cash for their campaigns. and in return for this, they often give away preferential treatment in the tax code to special interest groups, to company, to lobbies. tax expenditures are plaerly valuable because unlike actually spending, which has to be renewed in every year's buchlkt tax expenditures are in the code and the benefit is received every year. it's the gift that keeps on giving. now, since we can't do much about campaign finance reform thanks to the supreme court, why not get rid of what the cash often buys. the largest tax breaks are not to corporations. they're to people for things like home mortgage deductions. even these are vastly overdone or should be limited or phased out. britain got rid of it with no adverse effects. canada never had one. and yet they have a similar rate of homeownership to the united states. but forget about the economics for a moment. just as a corruption cleansing mechanism, let's get rid of tax expenditures. if korng wants to give
but the larger benefit would be to reduce corruption in washington. congressmen get cash for their campaigns. and in return for this, they often give away preferential treatment in the tax code to special interest groups, to company, to lobbies. tax expenditures are plaerly valuable because unlike actually spending, which has to be renewed in every year's buchlkt tax expenditures are in the code and the benefit is received every year. it's the gift that keeps on giving. now, since we can't do...
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Nov 18, 2012
11/12
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i think most people might think new york city, washington, d.c., but instead they need to point their eyes on minneapolis? >> yes, the midwest does well in intelligence. in fact, visitors rated minneapolis number one on the most intelligent people. interestingly, residents of minneapolis, st. paul rated themselves number 5. so i'm not sure what that says, but also interesting is visitors felt the tech savviness of this city was really top notch. so i wonder if there is some correlation between tech savvy and intelligence. >> and you have to take an ice cream break every now and then, so why not go to the city that ranks the highest in ice cream, and that would be savannah. >> this is a surprise to me, certainly. i love savannah. it's a place dripping with culture and history. i had no idea it was also dripping ice cream cones. leopo leopold's is a place i would recommend. it dates back to the 1990s. they have great flavors just for the holidays from everything from sugar plum fairy to a cheesecake flavor with some pumpkin spice. what i love about this place is it feels authentically a
i think most people might think new york city, washington, d.c., but instead they need to point their eyes on minneapolis? >> yes, the midwest does well in intelligence. in fact, visitors rated minneapolis number one on the most intelligent people. interestingly, residents of minneapolis, st. paul rated themselves number 5. so i'm not sure what that says, but also interesting is visitors felt the tech savviness of this city was really top notch. so i wonder if there is some correlation...
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Nov 18, 2012
11/12
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this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now. president obama says they're centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. he wants to reinstate the bush tax cut which goes to the top 2% of earners. that would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second one would go from 36% to 39%. he's been focusing on this specific number since his reelection which suggests he may compromise on the actual rates in order to get a deal. there are other taxes as well he's talking about. t
this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now....
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Nov 18, 2012
11/12
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." >>> good morning from washington. with all the intrigue of a bond film, i stealthy general david petraeus arrive and left capitol hill. behind closed doors they heard him. >> his testimony today was that from the start he had told us that this was a terrorist attack. >> it was testimony that seemed to challenge white house explanations of who knew what when about the attack on the u.s. consulate in libya that killed four americans. joining me is missouri senator roy blunt and mare marry congressman doug coopersburger. thank you for joining us. let's start off with the last point, and that is when you all listened to general petraeus, was he saying something different than the white house was saying in the days after benghazi about what it was, what the attack was about? sfoo well, when he came before our committee, he said really the same thing that he said september the 14th. i think on september the 14th, though, when you walked away from that hearing, you felt there was more based on a protest. he did say when he c
." >>> good morning from washington. with all the intrigue of a bond film, i stealthy general david petraeus arrive and left capitol hill. behind closed doors they heard him. >> his testimony today was that from the start he had told us that this was a terrorist attack. >> it was testimony that seemed to challenge white house explanations of who knew what when about the attack on the u.s. consulate in libya that killed four americans. joining me is missouri senator roy...
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Nov 18, 2012
11/12
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and here in washington, rajiv chandrasekaran, senior correspondent and editor for "the washington post." rajiv, you've covered the war in afghanistan extensively. did you get invited on trips with david petraeus, how well did you know him and how well -- >> i covered him off and on first back in iraq when he was a division commander up in northern iraq and more recently when he was top commander of all u.s. and nato forces in afghanistan and in that later job i did travel around the country with him. he would give remarkable access to journalists. oftentimes it was under very strict ground rules that things were off the record but he did open himself up to press coverage because he thought it was important for the mission to get recognized out there, but also i believe because he also liked to see himself at the center of the coverage. >> so that remarkable access paid dividends for petraeus's image. would you say, would you argue with the notion that many of the jurmts who dealt with him, who know him, have tended to go easy on him on this unfortunate scandal? >> i think some have. ot
and here in washington, rajiv chandrasekaran, senior correspondent and editor for "the washington post." rajiv, you've covered the war in afghanistan extensively. did you get invited on trips with david petraeus, how well did you know him and how well -- >> i covered him off and on first back in iraq when he was a division commander up in northern iraq and more recently when he was top commander of all u.s. and nato forces in afghanistan and in that later job i did travel around...